Necrotizing Fasciitis Treatment: Market Insights
Necrotizing Fasciitis is rare but serious bacterial infection commonly known as flesh eating disease which affects the tissue beneath the skin and surrounding organs and muscles. Necrotizing fasciitis start from the minor injury and get worse quickly. According to CDC, 500 to 1,000 cases of NF are diagnosed each year in the United States. The prognosis of necrotizing fasciitis becomes poor in the presence of co-morbidities such as immunosuppression, chronic alcohol disease, chronic renal failure, liver cirrhosis and diabetes mellitus. Early diagnosis of necrotizing fasciitis is imperative as any delay can be fatal, associated with more extensive surgery, high rate of amputation and high mortality rates. If necrotizing left untreated the infection can lead to systemic inflammatory response syndrome. Mortality rate of necrotizing fasciitis is still high despite the improved diagnostic tools and management of treatment in the past few years. Necrotizing fasciitis treatment include surgery to remove infected tissues, antibiotics and supportive treatment to control blood pressure, organ function and fluid levels. Necrotizing fasciitis progress very quick and lead to serious disease such as sepsis and organ failure.
Necrotizing Fasciitis Treatment: Market Dynamics
Increasing prevalence of chronic disease and increasing focus on research and development of rare disease and development of new technology drive the market for necrotizing fasciitis treatment in the near future. Rising awareness and innovation in the therapy for wound and trauma along with the innovation in the diagnosis for rare disease drive the market of necrotizing fasciitis treatment in the forecast period. Use of non-steroidal anti-inflammatory drugs (NSAIDs) and steroid drugs which suppress fever, result in difficulty for diagnosis of disease and lack of specific treatment and diagnostic criteria hamper the growth of necrotizing fasciitis treatment market.
Necrotizing Fasciitis Treatment: Overview
Advancement in the technology driven treatment for rare disease significantly spur the market of Necrotizing Fasciitis Treatment. Recent development in the drug development and growing number of drug in the clinical trial, focus on technological and biological advances drive the market of Necrotizing Fasciitis Treatment in the near future. New technology and treatment with intravenous antibiotics option and development of new therapy will drive the market of intently modulated radiation therapy. Increasing prevalence of chronic disease and increase level of awareness for the rare disease also drive the market in the forecast period. On the basis of type, type I accounts for the largest revenue share owing to increased number of cases for type I in the necrotizing fasciitis. On the basis of end user, hospital pharmacies accounts for the largest revenue share owing to increasing number of hospital pharmacies in the forecast period
Necrotizing Fasciitis Treatment: Region-wise Outlook
The North America market for Necrotizing Fasciitis Treatment Market holds the largest revenue share, due to rising awareness on the diagnosis as well treatment of rare disease. Increasing disease related to bacterial infection and increasing research and development for new drug and treatment drive the market of North America. Europe accounts for the second large revenue share in the global necrotizing fasciitis treatment market, owing to increasing prevalence of chronic disease such as cancer, diabetes and infections. Asia Pacific is expected to witness rapid growth in the necrotizing fasciitis treatment market, due to government funding for rare disease and clinical trials and high prevalence of chronic diseases and developing healthcare infrastructure in countries such as India. China is expected to register significant growth, owing to rising awareness about the bacterial infection and development of new treatment options. Latin America and Middle East & Africa are projected to exhibit slow growth in Necrotizing Fasciitis Treatment Market, owing to lack of awareness and limited treatment facilities and less developed healthcare infrastructure.
Necrotizing Fasciitis Treatment: Key Players
Examples of some of the key players present in the global necrotizing fasciitis treatment market are GlaxoSmithKline plc, Pfizer Inc, Bristol-Myers Squibb Company, Merck & Co., Inc, Abbott, Teva Pharmaceutical Industries Ltd among others.
The report covers exhaustive analysis on,
- Necrotizing Fasciitis Treatment Market Segments
- Necrotizing Fasciitis Treatment Market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Necrotizing Fasciitis Treatment Market Size & Forecast 2016 to 2024
- Necrotizing Fasciitis Treatment Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Necrotizing Fasciitis Treatment Market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Asia Pacific Excluding China
- Middle East & Africa
Necrotizing Fasciitis Treatment: Segmentation
The global Necrotizing Fasciitis Treatment Market is segmented on basis of type, drug type and geography.
Segmentation by Type
- Type I
- Type II
- Type III
- Type IV
Segmentation by drug Type
- Penicillin G
Segmentation by Distribution Channel
- Hospitals Pharmacies
- Retail Pharmacies
- Drug Stores
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.